(StamfordPlus.com, January 8, 2010) Senator Chris Dodd (D-CT) announced today that several Connecticut-based technology companies will receive more than $120.9 million in Advanced Energy Manufacturing Tax Credits from the Recovery Act for clean energy projects. “The recent economic downturn has had a drastic impact on our state’s manufacturing industries,” said Dodd. “These tax credits will allow Connecticut companies to create new jobs while continuing to position our state as a national leader in clean energy use and technology.” The tax credits will be used to create new manufacturing jobs in Connecticut as well as help increase the amount of American-made parts and equipment used in clean energy projects. For list of companies receiving tax credit, go to Dodd Announces More Than $120 Million in Recovery Act Tax Credits for Connecticut Technology Companies
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(The Denver Post, January 9, 2010) Six Colorado companies were among 183 nationwide tapped Friday to share in $2.3 billion in federal tax credits that will help create green jobs and boost manufacturing. The clean-tech companies – Vestas (with funding for two Colorado plants), Reflec Tech, Coolerado Corp., Advanced Energy Industries, Hexcel Corp. and Abound Solar — will share in $75.2 million in advanced energy manufacturing funds that come from the Recovery Act via the U.S. Department of Energy. To read further, please go to Colorado Companies Get Federal Green-Jobs Tax Credit
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(Benzinga, January 11, 2010) EI DuPont de Nemours & Company’s (DD) Circleville plant in Ohio received $50.73 million in tax credits for a new production line under the American Recovery and Reinvestment Act. The $50.73 million in tax credits will be used to expand production of high-performance polyvinyl films, part of the critical back sheet component of solar panels. The credit makes up only a chunk of nearly $125 million awarded to Ohio from the Recovery Act’s Advanced Energy Manufacturing Tax Credit program. The government plans to distribute about $2.3 billion in tax credits to create energy-manufacturing jobs. To read further, please go to DuPont Receives Grant
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(Inside Indiana Business, January 10, 2010) Washington, D.C. — Senator Evan Bayh today announced that four Indiana businesses will receive more than $35 million in federal funding to help them establish and upgrade their manufacturing operations in Indiana. The funding was awarded through The American Recovery and Reinvestment Act’s Advanced Energy Manufacturing Tax Credits program. To read further, please go to Four Indiana Firms Receive Clean Energy Funding
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(Dallas Business Journal, January 11, 2010) Dallas-based Texas Instruments (NYSE: TI) confirmed Monday that the company has been selected to receive $51.4 million in tax credits from the U.S. government. The award was made to support work at TI’s Richardson fabrication plant, which will soon start producing chips for solar panels, energy-efficient appliances and power management products, the company said. To read further, please go to Texas Instruments Inc. Awarded $51 Million in Tax Credits
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(GetSolar.com, January 9, 2010) Hot on the heels of President Barack Obama’s $2.3 billion Recovery Act Advanced Energy Manufacturing Tax Credits for spurring renewable energy development and clean-energy jobs arrives news, courtesy of the Arizona Republic, detailing how Arizona will be among the many states to benefit from the initiative. Six solar power equipment companies in Arizona’s Phoenix metro area, for example, are earmarked to receive $30 million in federal tax credits should they be built. Not only more solar power resources, but also higher-paying manufacturing jobs would ensue. A further $45 million in tax breaks is on the table for five Arizona companies, should they expand solar equipment or wind turbine facilities in other states. Details are forthcoming, however, as locations for the projects—and even the projects themselves—have yet to be confirmed. Still, it’s a great jolt of energy (if you’ll excuse the pun) to the Arizona renewable energy sector, which is still in the aggressive stages of growth. To read further, please go to Solar, Wind Tax Breaks in Pipeline for Arizona, Rest of U.S.
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(Austin Business Journal, January 11, 2010) Georgetown-based Ringdale Inc. will lead one of 183 clean energy, job-creation projects announced by the president Friday, taking a piece of the $2.3 billion earmarked for the initiative. President Obama awarded businesses in 43 states the “Recovery Act Advanced Energy Manufacturing Tax Credits” that will recreate 58,000 lost manufacturing jobs, according to the U.S. Department of Energy. The projects focus on companies developing advanced clean energy technology including solar, wind and efficiency and energy management. Altogether the projects will mean a $7.7 billion investment in green energy when private investments are added, officials said. To read further, please go to Ringdale Takes Piece of $2.3B Green Grant
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(11Alive.com, January 11, 2010) Norcross, Ga. — President Barack Obama has announced $2.3 billion in new tax incentives for companies promoting clean energy technology. Millions of dollars in tax incentives will be coming to the Atlanta area. Suniva, a Norcross company that makes solar cells, is one of the latest beneficiaries of the American Recovery and Reinvestment Act. They’ve been awarded $5.7 million dollars in tax incentives to help offset expenses to grow their company. To read further, please go to Norcross Company Awarded Recovery Act Incentives
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(Quad City Times, January 10, 2010) DeWitt, Iowa — Guardian Industries Corp. will receive a $900,000 energy tax credit to re-equip its manufacturing facility to make highly reflective solar mirrors. The Recovery Act Advanced Energy Manufacturing Tax Credit will allow the DeWitt facility to expand its production of bent solar mirrors. President Barack Obama announced the award of $2.3 billion in tax credits for clean energy manufacturing projects across the United States. To read further, please go to Guardian to Upgrade Plant to Make Solar Mirrors
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(St. Louis Post Dispatch, January 14, 2010) Washington — The Administration of President Barack Obama announced Wednesday that a consortium led by the Donald Danforth Plant Science Center in St. Louis is the winner of a $44 million Recovery Act award for research into converting algae into biofuels. The Energy Department grant to the Danforth Center-led effort is among the largest awards or tax credits to be received in the bi-state region under the $787 billion stimulus package approved by Congress last year. To read further, please to to Danforth Plant Center Wins $44 Million Award for Algae-Biofuel Research